Forex

 

12 000 ‘dead people’ doing business with SA government – Treasury

1 Comment

It has also identified about 14,000 state employees who are listed as directors of companies that have been awarded state contracts in violation of regulations. South Africa’s National Treasury has discovered about 12,000 dead people in its register of companies that do business with the state. This is among the outcomes of a clean-up of..
Continue reading…

Enjoyed this post? Share it!

 
 

Breaking News: Over 12 000 “Zombie Entrepreneurs” are doing business with the SA government

Leave a comment

It reads like the start of a joke, but we’re afraid this one’s no laughing matter. National Treasury has discovered about 12,000 dead people in its register of companies that do business with the state. A report by the Sunday Times has revealed that there are around 12 000 people on the South African government’s..
Continue reading…

Enjoyed this post? Share it!

 
 

Gold Market Update – 15th May

LONG TERM TREND                            BEARISHINTERMEDIATE TERM TREND              BEARISHSHORT TERM TREND                          BEARISHVERY SHORT TERM TREND                 BULLISH Since finding strong resistance at the long term down trend line around 1290, gold has fallen sharply, making a low of 1213 a week ago.  This low conicided with an uptrend line of support and..
Continue reading…

Enjoyed this post? Share it!

 
 

Just a question – Should the broadcasting Act be amended ??

Leave a comment

The South African Broadcasting Corporation’s recent proposal to amend the Broadcasting Act (1999) is, in principle, correct. But the manner in which the SABC wants the Act changed is helpful to the SABC and to marketing its case to the public. The Act, specifically the regulations regarding television licence fees, prescribes payment of a fee..
Continue reading…

Enjoyed this post? Share it!

 
 

State Capture – What’s Left? Oh, Total Control Of South Africa’s Capital!

Leave a comment

The loose propagandistic terms ‘White Monopoly Capital’ and ‘Radical Economic Transformation’ are about the ownership and control of both public and private capital by a politically-connected elite. That’s the conclusion two top University of Cape Town business and finance academics come to in this analysis. The ultimate outcome will be a centrally controlled patronage network, they say…
Continue reading…

Enjoyed this post? Share it!

 
 

Most Personal Income Tax Is Paid By only A Fraction Of South Africans

Leave a comment

The deputy CEO of a South African non-governmental organisation recently tweeted that close to 80% of personal income tax is contributed by 1.7 million individuals. But, as with most things to do with tax, the truth is not that simple. The deputy CEO of AfriForum, a non-governmental organisation which seeks to protect “the rights of..
Continue reading…

Enjoyed this post? Share it!

 
 

WEF ditched democratic, inclusive pretences by facilitating new G20 privatisation.

1 Comment

Durban’s World Economic Forum (WEF) Africa conference hosted some of the world’s most controversial politicians last week: not just Jacob Zuma and Malusi Gigaba, Robert Mugabe, Yoweri Museveni, King Mswati and Edgar Lungu, but also the most powerful man in Europe, German finance minister Wolfgang Schäuble. At a lecture on Thursday at the University of..
Continue reading…

Enjoyed this post? Share it!

 
 

Mugabe declared that Zimbabwe most developed country after SA at the World Economic Forum on Africa

Leave a comment

President Robert Mugabe has told the world that his country is the second most developed in Africa in comments that are likely to befuddle suffering Zimbabweans. The Zimbabwean leader is out in South Africa’s port city of Durban, venue for the World Economic Forum on Africa. Reports from the international convention say President Mugabe took..
Continue reading…

Enjoyed this post? Share it!

 
 

Pension funds as much as R560 million may be lost due to fraudulent activities

Leave a comment

BEE administrator loses millions of pension funds – Pension funds of Anglo Platinum, invested in the (BBF), administered by Bophelo Benefit Services, a subsidiary of Mvumonala Holdings, may be lost due to fraudulent activities. It is estimated that as much as R560 million can be involved. Apparently, the company ‘cooked’ its 2016 financial statements to..
Continue reading…

Enjoyed this post? Share it!

 
 

Red HOT news – Wake up! SA has been gutted

Leave a comment

What is left of the South Africa of our dreams? Ask the thief-in-chief What do we have left now? Once there were the Scorpions, a respected crime-fighting unit. The people had faith in them. The corrupt feared them. Jacob Zuma quaked when he thought of them. Then in 2007 he took the reins of the..
Continue reading…

Enjoyed this post? Share it!